Nolan Ryan’s Group Officially Now Owns the Rangers

Major League Baseball owners, with Commissioner Bud Selig overseeing the quarterly owners’ meetings, recently and unanimously approved the sale of the Texas Rangers to former Rangers’ pitcher and Hall of Famer, Nolan Ryan and sports attorney, Chuck Greenberg. “It’s hard to comprehend that that is behind us because it dominated our lives so much, in […]

Lawnmower DUI? Rare Yet Very Possible

Recently, in Anthony, Florida, Richard Paschen was charged with DUI while driving a lawnmower while intoxicated.  Marion County Sheriff’s Office caught Paschen driving a red lawnmower—a cup of beer in the cup holder.  Though he refused a breathalyzer test, the drunken lawnmower driver told Deputy Miller he had “a pretty good bit to drink” and […]

Hospital Seeks and Receives Extension for its Reorganization Plan

In Bristol Township, Pennsylvania, it was recently announced a US Bankruptcy judge will reside over a hearing, to determine whether or not Lower Bucks Hospital is worthy of an extension to present its reorganization plan to creditors. Judge Eric Frank has extended the filing from August 12th to the 31st; as well, he prolonged the […]

EpiCentre Approved for Bankruptcy in Less Than 20 Minutes

Charlotte, North Carolina’s EpiCentre has field for Chapter 11 bankruptcy and was approved by Bankruptcy Judge George Hodges within 20 minutes.  The day prior to their Chapter 11 approval, the entertainment and retail center filed their papers in court. Pacific Avenue, LLC and Pacific Avenue II, LLC were founded solely to own and manage the […]

Consumer Bankruptcy on the Rise

The Debt Free League is blaming poor credit counseling consolidation plans for the continuing rise in consumer bankruptcy.  On the flip-side, the league calls “debt settlement” the best alternative to bankruptcy as it reduces debts, principal balance, interest rates and fees.  In the meantime, according to the American Bankruptcy Institute, bankruptcy filings may reach 1.6 […]

Banks’ Homes Reach Record Second Quarter High

A new quarterly record for bank repossessions has recently been reported by Bank Foreclosures Sale—a web-based source for lists of bank owned homes and other foreclosure information.  According to their recent report, bank foreclosures were up 5% in this year’s second quarter.  The number of bank repossessions jumped 38% from last year’s second quarter—a new […]

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